Hello guys, im freshly 25 in France and i ive stacked up 10k€ in my bank working as a helping nurse, along with an appartment. Now im wondering if i should invest into bitcoin because i dont know anything about investing as im new into adult life and everyone is telling me to not invest anywhere in crypto only in « physical ». How much should i invest into btc out of the 10k€ i have in your opinion ? And at what frequency ?
Posted by ProfessionalThin1505
7 Comments
I would start with a small amount… maybe look into setting up a DCA plan. Relai is available in France and very easy to use. As you’re doing so, look into why Bitcoin actually is a good choice.
If you want exposure to crypto, Bitcoin is probably the simplest place to start rather than chasing random altcoins.
With €10k saved, I personally wouldn’t put everything into BTC though. Something like €2000–€3k spread out over time is already meaningful exposure at your age.
A simple approach could be:
Buy a small amount monthly instead of all at once
Hold long term and expect volatility
Keep the rest of your savings in cash or more stable investments
Don’t go all in too fast because of hype.
How much did you save each month in order to get to the 10k?
Take that amount and start buying Bitcoin weekly. Keep the cash as an emergency fund until you have learned more about Bitcoin.
Bull Bitcoin is the best exchange to use in France.
Well, you have to think this through properly. If you’ll buy bitcoin, just take maybe 500 out of the 2,000 and buy BTC using DCA method.
Ignore DMs – The phrase “I’m new” will have dozens of scammers lining up to target you.
As long as you have the patience to hold for at least 4 years, bitcoin is likely to be a solid investment, but nobody can offer a guarantee.
If you choose to buy, just be sure to use the trusted, reputable options listed in the [wiki/faq](https://www.reddit.com/r/BitcoinBeginners/comments/g42ijd/faq_for_beginners/) here or over on /r/BitcoinBeginners
I’ll probably be downvoted here, but I’d say take a couple of months living expenses out of it (just in case) and then DCA half of what’s left in over a couple of months whilst DCA’ing the other half in to an All World ETF.
Personally, I’m 50/50 BTC/Stocks, but you’re quite likely to get BTC maxi’s on here suggesting 100%.
If you’re completely new to investing, starting small and buying gradually over time is probably a lot less stressful than throwing a huge chunk in at once. I’d personally never put money into Bitcoin that I might realistically need in the next few years, especially since price swings can mess with your head more than people expect.